Remove Equity Remove Marketing Remove Patents Remove Study
article thumbnail

5 Risk Reduction Strategies For Your Next New Venture

Startup Professionals Musings

According to a classic Harvard Research study, first inventors spend at least a third more on their initial technology than later innovators. In addition, we all know that patent disclosure rules often facilitate legal reverse engineering, and innovation at this point is now much cheaper.

article thumbnail

5 Keys To Reducing Startup Risk By Building On Trends

Startup Professionals Musings

According to a classic Harvard Research study, first inventors spend at least a third more on their initial technology than later innovators. In addition, we all know that patent disclosure rules often facilitate legal reverse engineering, and innovation at this point is now much cheaper.

Startup 157
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

A Startup That Imitates, With Innovation, Often Wins

Startup Professionals Musings

According to a classic Harvard Research study, first inventors spend at least a third more on their initial technology than later innovators. In addition, we all know that patent disclosure rules often facilitate legal reverse engineering, and innovation at this point is now much cheaper.

Startup 65
article thumbnail

Smart Entrepreneurs Don’t Need Disruptive Technology

Startup Professionals Musings

According to a recent Harvard Research study, first-time inventors spend at least a third more on their initial technology than later innovators. In addition, we all know that patent disclosure rules often facilitate legal reverse engineering, and innovation at this point is now much cheaper.

article thumbnail

How To Reduce Startup Risk Using Existing Technology

Startup Professionals Musings

According to a classic Harvard Research study, first inventors spend at least a third more on their initial technology than later innovators. In addition, we all know that patent disclosure rules often facilitate legal reverse engineering, and innovation at this point is now much cheaper.

article thumbnail

7 Plan Elements That Separate Businesses From Hobbies

Startup Professionals Musings

For example, “I just patented a new cell-phone technology that will double battery life for half the cost. The market scope for your solution should be quantified in non-technical terms, with data sourced from professionals in the industry, rather than your own opinion. Marketing, sales, and customer experience.

Startup 65
article thumbnail

10 Reasons To Start A Company In An Economic Downturn

InfoChachkie

Marketing is free or cheap because of social media. Determining the perfect moment to enter the startup market, whether by creating a company or joining an ongoing venture, is akin to timing the financial markets. At the end of the period studied, 94.5% People are free or cheap because of the recession.

Company 257